H.4.1 Factors Affecting Reserve Balances of Depository Institutions

a_S^l\ FEDERAL RESERVE These data are scheduled for release each Thursday. The exact time of each release will be announced, when ••?f^ftf?r«; the information is available, on (202) 452-3206. H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks June 22, 1989 ; Averages of daily figures (millions of dollars) RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt FF..RR BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss WWeeeekk eennddeedd Change from week ended Wednesday JJuunnee 2211.. 11998899 ^jhmg- 14, iaaa June 22. 1988 June 21. 198Q Reserve Bank credit: 1- 2 262,220 + 2,313 + 11,253 268,271 U.S. government securities- Bought outright—system account 224,643 . 994 - 312 230,162 Held under repurchase agreements ..- — — .,_ Federal agency obligations- Bought outright 6,654 — - 614 6,654 Held under repurchase agreements — — __ Acceptances- Bought outright — — — — Held under repurchase agreements — — — — Loans to depository institutions 939 - 1,316 - 2,095 832 Includes: seasonal borrowing of 437 + 44 + 121 463 extended credit of 393 - 1,391 - 2,143 202 Float 1,636 + 370 + 791 1,640 Other F.R. assets 28,348 + 4,254 + 13,483 28,983 Gold stock 11,061 + 1 _» 2 11,061 Special Drawing Rights certificate account 8,518 «._. + 3,500 8,518 Treasury currency outstanding 19,191 + 10 + 709 19,191 Total factors supplying reserve funds 300,990 + 2,~324 + 15,460 307,041 Currency in circulation* 247,710 570 + 14,328 247,489 Treasury cash holdings* 488 _, 2 + 31 487 Deposits, other than reserve balances, with F.R. Banks: Treasury 9,274 + 3,877 + 5,022 19,822 Foreign 242 „ 11 - 15 203 Service-related balances and adjustments 3 1,947 + 169 + 9 1,616 Other 298 + 45 - 24 267 Other F.R. liabilities and capital 8,170 - 91 + 753 ( 7,984 Total factors, other than reserve balances, : absorbing reserve funds 268,129 + 3,417 + 20,104 277,868 Reserve balances with F.R. Banks4 32,862 - 1,091 - 4,644 29,172 „. On June 21, 1989 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 227,567 million, a decrease of $ 4,604 million for the week. 1 Net of $ 10,058 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 4,474 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 4,538 rnlllion matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 4,538 million was with foreign official and international accounts. Includes $ 1,271 million securities loaned—fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,616 million and adjustments of $ 331 million to compensate for float. 4 Excludes required clearing balances and adjustments to compensate for float. * Estimated (Treasury's figures). Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Worksheet for H.4.1 (a) CONSOLIDATED STATEMENT OF CONDITION OF Ail FEDERAL RESERVE BANKS Millions of dollars Change since ** WWeeddnneessddaayy Wednesday Wednesday June 21, 1989 June H, 1J8J June z2. IQRft ASSETS Gold certificate account. 11,061 + i : Special Drawing Rights certificate account 8,518 + 3,500 Coin 449 + 13 + 5- Loans 832 1,552 - 1,465 Acceptances— Held under repurchase agreements Federal agency obligations- Bought outright 6,654 614 Mekj under repurchase agreements1 U.S. government securities: Bought outright—Bills 107,426 + 2,508 + 740 Notes 92,322 — + 4,838 Bonds 30,414 — ++ 921 Total bought outright? 230,162 ++ 2,508 ++ 6,499 Held under repurchase agreements1 — — — Total U.S. government securities 230,162 ++ 2,508 ++ 6,499 Total loans and securities 237,648 + 956 + 4,420 Cash items in process of collection (1238) 8,859 + 987 + 1,726 Sank premises 767 + 1 + 40 Other assets 3 28,216 + 4,687 + 14,157 TOTAL ASSETS (1238) 295,518 + 6,645 + 23,895 LIABILITIES Federal Reserve notes 229,235 677 13,634 Deposits: Depository institutions 30,788 8,108 - 7,096 U.S. Treasury—general account 19,822 14,541 + 15,790 Foreign—official accounts 203 90 - 1 Other 267 25 - 8 Total deposits 51,080 6,368 + 8,595 Deferred availability cash items (1238) 7,219 1,048 + 947 Other liabilities and accrued dividends4 3,305 77 + 594 TOTAL LIABILITIES 290,839 6,662 + 23,770 CAPITAL ACCOUNTS Capital paid in 2,145 2 + 39 Surplus 2,112 — + 65 Other cap*til accounts 422 19 + 21 Figures in parentheses are the eliminations made in the consolidating process. Does not include U.S. government and federal agency securities resold under matched sale-purchase transactions to foreign official and international accounts of which $ -0- million was outstanding at the end of the latest statement week. Net of $ 4,538 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $1,2 7 i million securities loaned—fully secured by U.S. government securities. Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes special investment account at Chicago of $ 89 million In Treasury bills maturing within 90 days. Includes exchange-translation account reflecting the monthly revaluation at market exchange rates of foreign exchange com mitments. MATURITY DISTRIBUTION OF LOANS AND SECURITIES, June 21, 1989 Acceptances and securities held under repurchase agreements are classified as maturing within 15 days in accordance with maximum maturity of the agreements. ••••••••''••••'' •••• •• •'"- •• "••- U.S. government securities Federai agency obligations LLooaannss AAcccceeppttaanncceess Holdings {Weekly changes Holdings jWeekiy changes Within 15 days 775 11,704 + 4,467 151 + 122 16 days to 90 days 57 — 50,669 - 1,709 656 122 91 days to 1 year I — — 75,185 - 250 1,295 — Over 1 year to 5 years — 52,786 — 3,371 — Over 5 years to 10 years . — 13,512 + 1 992 — Over 10 years — — 26,306 - 1 189, — Total B32 — 230,162 + 2,508 6,654 — Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

hA.1 |b) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON June 2 1. 1989 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis K C an it s y a s Dallas Fra S n a c n is co ASSETS Gold certificate account ii,061 699 3.412 400 661 943 508 1.361 370 198 494 613 1,402 Special Drawing Rights certif. acct 8.518 531 2,896 247 508 745 330 1.100 291 153 362 433 922 Coin 449 35 15 38 24 62 56 35 28 16 33 33 74 Loans 832 48 36 9 8 56 16 50 136 171 51 33 218 Acceptances held under repurchase agreements Federal agency obligations: Bought outright 6.654 414 2,345 192 383 551 304 791 205 112 266 280 811 Held under repurchase agreements * US government securities: Bought outright-Bills 107,426 6,685 37.865 3,100 6,180 8,903 4,906 12.762 3,308 1,809 4,296 4,513 13,099 Notes 92,322 5.745 32,542 2,664 5,311 7,651 4,217 10,967 2.842 1.554 3,693 3.879 11,25/ Bonds 30.414 1,892 j 0_,_72P_ 878 U750_ 2,50J_ 1,369 3,613 936 512 1,216 1.278 2,709 Total bought outright 2 230.162 14,322 81,12/ 6.642 13,241 19.075 10,512 • 27,342 7.086 3.875 9.205 9,670 28,06 5 Held under repurchase agreements 1 Total U.S. government securities " 23071621 14,322 JJBBJJLL..JJLL??..?? 66..664422__ 1133..224411 1199..007755 1100..551122 27,342 7.086 3.875 99..220055 99..667700 28,065 Total loans and securities 237,648 14.784 8833..550088 66,,884433 1133..663322 1199,,668822 1100..883322 28,183 7.427 4,158 99,,552222 99..998833 29,094 Items in process of collection 8.859 554 996677 448844 119977 665566 11,,221144 758 415 382 11..113333 662255 1.474 Bank premises 767 92 31 46 33 129 59 108 22 25 47 24 151 Other assets 3 28*216 940 6,707 1,053 1,327 1,4 58 1,961 5,2b6 661 679 949 4.094 i , 1 2 I Interdistrict settlement account -0- + 293 +13.353 - 749 - 593 + 842 -2,427 -2.248 - 786 - 103 -1,940 -1.041 -4,601 TOTAL ASSETS "295,518 177928" 110,889 "'"' 8,362 15,789 24.517 127533 ~ 34.563 8,428~ " 5,508 10.600 14,764 31.63 7 1 Does not include U.S. government and federal agency securities resold under matched sale purchase transactions to foreign official and international accounts, of which $ -o- million was outstanding at the end of the latest statement week. 2 Net of $ 4,538 million matched sale purchase transactions outstanding at the end of the latest statement week, includes $ 1,27 imiilion securities loaned-fully secured by US government securities. 3 Includes assets denominated in foreign currencies, rev.i*ued monthly at market exchange rates, includes special investment account at Chicago of $ 89 million in Treasury Biiis maturing within 90 days. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.4.1. (c) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON June 2 1. 1989 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 229.235 15.549 81,410 6,159 13,905 20,913 8.041 29.998 6.895 4,342 8,1/5 11,943 21,905 Deposits Depository institutions 30.788 1.648 6.158 1.445 1,152 2,592 3.220 2.833 1,001 559 999 1.797 7.384 US Treasury—general account 19.822 19,822 Foreign—official accounts 203 3 94 7 8 9 14 19 4 11 21 Other 267 129 I _2_ 29 1 95 1 3 2 Total deposits 51.080 1.653 26,203 1,453 1,162 2.630 3.235 2,947 1.006 565 1,008 1,811 7.407" Deterred credit items 7.219 343 836 435 275 418 661 604 297 402 1.095 561 1,292 Other liabilities and accrued dividends1 3.305 204 1.151 97 191 270 157 404 100 59 132 140 _ 400_ TOTAL LIABILITIES 290.839 17.749 109,600 8,144 15.533 24.231 12.094 33,953 "8,298 5,368 10.410 14,455 31,004 CAPITAL ACCOUNTS Capital paid in 2.145 79 577 102 117 127 211 280 60 67 87 145 293 Surplus 2.112 75 566 103 115 123 196 273 58 67 87 158 291 Other capital accounts 422 25 146 \J_ 24_ J6 32 57 12 6 16 b 49^ TOTAL LIABILITIES AND CAPITAL ACCOUNTS 295.518 17.928 110,889 8, J62 15,789 24,517 12.533 34.563 8,428 5.508 10.600 14.764 31.637 FEDERAL RESERVE AGENTS' "" ACCOUNTS F.R notes outstanding | 273,067 18.651 86,509 9.831 16,608 24.370 12,376 33.083 8.633 5.401 10,846 15.077 31.682 Less Held by FR. Banks 43,832 3t102 5.099 3,6/2 2,703 3.457 4.335 3.085 1.738 1.059 2.671 3,134 9,777 F H notes, net 229.235 15,549 81.140 6,159 13.905 '* 20.913 8,041 29.998 6.895 4.342 8.175 11.943 21.905 Collateral held against F.R. notes" Gold certificate account 11,061 Special Drawing Rights certif. ecct. 8.518 Other Eligible assets -0- US govt, and agency securities 209,656 Total collateral ( 229,235 ! J TOTAL RESERVE BANK CREDIT 1 Includes exchange translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis